10 mines still making good money if the gold price falls 50%

by Mining.com

Date Posted: January 28th, 2017

After coming unnervingly close to triple digits at the end of 2015, the price of gold ended a three-year losing streak last year. So far in 2017, gold has gained 9.5% in value, trading at more than $1,250 an ounce on Friday. MINING.com's sister company IntelligenceMine looked at costs at 140 primary gold mines and found 10 operations that would still make money even if gold halves in value from today's levels.

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Rich Hill Arizona Gold Prospecting

by High Plains Prospectors

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Why Gold Is Now In A New Bull Market

by Forbes.com/Henry To, Contributor

Investors’ interest in gold peaked in September 2011, when it was generally agreed upon that the endless rounds of quantitative easing policies by the world’s central banks will result in rising inflationary pressures, while concerns over a potential Euro Zone break-up ran rampant, as government finances in countries such as Spain and Portugal became stretched as a result.

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